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Fortinet officer plans $8.8M stock sale

Fortinet officer John Whittle filed a Rule 144 notice to sell 56,700 shares of common stock after exercising stock options for cash.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Fortinet, Inc. (FTNT) is the issuer of common stock that officer John Whittle has filed to sell under Rule 144. The notice covers a proposed sale of 56,700 shares of common stock on September 14, 2026, following an exercise of stock options for cash, with sales expected on NASDAQ.

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Shares to be sold 56,700 shares Common stock proposed for sale under Rule 144 by officer John Whittle
Aggregate value $8,849,169.00 Dollar amount associated with the 56,700 shares of Fortinet common stock in the notice
Planned sale date September 14, 2026 Date on which the Rule 144 sale of 56,700 shares is listed
Acquisition method Exercise of stock options Source of the 56,700 shares to be sold for cash
Trading market NASDAQ Market designated for the sale of Fortinet common stock in this notice
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Exercise of Stock Options financial
"Common | 09/14/2026 | Exercise of Stock Options | Issuer"
Common stock financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing for FTNT disclose about John Whittle?

The filing states that officer John Whittle has filed a notice under Rule 144 to sell 56,700 shares of Fortinet, Inc. common stock, with the planned transaction date of September 14, 2026, after exercising stock options for cash.

How many FTNT shares are covered by John Whittle’s Rule 144 notice?

The Rule 144 notice covers a proposed sale of 56,700 shares of Fortinet, Inc. common stock. These shares are to be sold after an exercise of stock options and are listed for potential sale on September 14, 2026.

What is the approximate aggregate value of the FTNT shares in this Form 144?

The filing shows an aggregate value of $8,849,169.00 associated with the 56,700 shares of Fortinet common stock covered by the Rule 144 notice, indicating the dollar amount tied to the proposed sale.

How are the FTNT shares in this filing being acquired for sale?

The shares are reported as being obtained through the exercise of stock options, with the method of payment listed as cash. After this option exercise, the 56,700 shares are proposed to be sold under Rule 144.

On which market are the FTNT shares in the Form 144 expected to be sold?

The Rule 144 notice indicates that the Fortinet, Inc. common stock covered by this filing is to be sold on NASDAQ, reflecting the market where the 56,700 shares are proposed to be traded.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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